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The Complete MoneyScience
We show that collateral plays an important role in the design of debt contracts, the provision of credit, and the incentives of lenders to monitor borrowers. Using a unique data set from a large bank containing timely assessments of collateral values, we find that the bank responded to a legal reform that exogenously reduced collateral values by increasing interest rates, tightening credit...
B2C Marketing Insider
Kerry Washington, the lead actress from the popular television show Scandal, released a PSA on a weapon of domestic abuse rarely talked about: financial abuse. The Ray Rice scandal has stirred the conversation of domestic abuse in the media and social forums. To combat an all too common victim blaming response, the #WhyIStayed hash...
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